A Company Has Undertaken a Study of 16 Secretaries' Yearly

question 11

Multiple Choice

A company has undertaken a study of 16 secretaries' yearly salaries (in thousands of dollars) .They want to predict salaries from several other variables.
The variables considered to be potential predictors of salary are:
X1 = months of service
X2 = years of education
X3 = score on standardized test
X4 = words per minute of typing speed
X5 = ability to take dictation in words per minute
A multiple regression model with all five variables was run,resulting in the following output:

= 0.958
-Which measurement is the worst predictor of salary,after allowing for the linear effects of the other variables in the model?

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Definitions:

General Ledger

A complete record of all financial transactions over the life of a company, used to compile the financial statements.

Ledger Accounts

Accounts contained within a ledger, representing a summary of all financial transactions related to that account's category.

Normal Balance

The side (debit or credit) of an account that is usually increased, reflecting its nature as an asset, liability, equity, revenue, or expense.

Equity

The ownership interest held by shareholders in a corporation, calculated as total assets minus total liabilities.